NB Private Equity Partners Limited Nb Private Equity: Transaction In Own Shares

 
TIDMNBPE 
 
 
   THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR 
DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE 
UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS 
 
   NB Private Equity Partners Announces Transaction in Own Shares 
 
   3 March 2020 
 
   NB Private Equity Partners ("NBPE" or the "Company") today announces 
details of Class A Shares bought back pursuant to general authority 
granted by shareholders of the Company on 23 September 2019 and the 
share buy-back agreement with Jefferies International Limited. 
 
   Transaction on London Stock Exchange 
 
 
 
 
Date of purchase of Shares               2 March 2020 
Number of Shares purchased       3,253 Class A Shares 
Highest price/lowest price paid   GBP10.90 / GBP10.90 
ISIN for the Shares                      GG00B1ZBD492 
 
 
   All Class A Shares bought back will be cancelled. Following the 
cancellation, the number of outstanding Class A Shares is 46,781,964. 
The Company also has 3,150,408 Class A shares held in treasury. For 
reporting purposes under the FCA's Disclosure Guidance and Transparency 
Rules the market should use the figure of 43,631,556 voting rights when 
determining if they are required to notify their interest in, or a 
change to their interest in the Company. 
 
   For further information, please contact: 
 
   NBPE Investor Relations                     [phone] 
 
   Kaso Legg Communications              [phone] 
 
   Charles Gorman 
https://www.globenewswire.com/Tracker?data=rYKkJqmgF2y6NBqMPO1-4Z56WOKb2cnpkum6vxvOafSyz403TGDIBVcnAvNmovJyFVHXHF1RGcYrciEkNBX2T4EU6sRIbkgylG3M71cm81uqVg-Os2_fXeo2Lk9uuZFi 
[e-mail] 
 
   About NB Private Equity Partners Limited 
 
   NBPE invests in direct private equity investments alongside market 
leading private equity firms globally. NB Alternatives Advisers LLC (the 
"Investment Manager"), an indirect wholly owned subsidiary of Neuberger 
Berman Group LLC, is responsible for sourcing, execution and management 
of NBPE. The vast majority of direct investments are made with no 
management fee / no carried interest payable to third-party GPs, 
offering greater fee efficiency than other listed private equity 
companies. NBPE seeks capital appreciation through growth in net asset 
value over time while paying a bi-annual dividend. 
 
   LEI number: 213800UJH93NH8IOFQ77 
 
   About Neuberger Berman 
 
   Neuberger Berman, founded in 1939, is a private, independent, 
employee-owned investment manager. The firm manages a range of 
strategies--including equity, fixed income, quantitative and multi-asset 
class, private equity, real estate and hedge funds--on behalf of 
institutions, advisors and individual investors globally. With offices 
in 23 countries, Neuberger Berman's diverse team has 2,200 
professionals. For six consecutive years, the company has been named 
first or second in Pensions & Investments Best Places to Work in Money 
Management survey (among those with 1,000 employees or more). The firm 
was awarded an A+ in every category in the latest 2019 PRI report for 
our approach to ESG integration across asset classes. The firm manages 
$356 billion in client assets as of December 31, 2019. For more 
information, please visit our website at www.nb.com. 
 
   This press release appears as a matter of record only and does not 
constitute an offer to sell or a solicitation of an offer to purchase 
any security. 
 
   NBPE is established as a closed-end investment company domiciled in 
Guernsey. NBPE has received the necessary consent of the Guernsey 
Financial Services Commission. The value of investments may fluctuate. 
Results achieved in the past are no guarantee of future results. This 
document is not intended to constitute legal, tax or accounting advice 
or investment recommendations. Prospective investors are advised to seek 
expert legal, financial, tax and other professional advice before making 
any investment decision. Statements contained in this document that are 
not historical facts are based on current expectations, estimates, 
projections, opinions and beliefs of NBPE's investment manager. Such 
statements involve known and unknown risks, uncertainties and other 
factors, and undue reliance should not be placed thereon. Additionally, 
this document contains "forward-looking statements." Actual events or 
results or the actual performance of NBPE may differ materially from 
those reflected or contemplated in such targets or forward-looking 
statements. 
 
 
 
 

(END) Dow Jones Newswires

March 03, 2020 02:00 ET (07:00 GMT)

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